Arrowpoint Investment Partners Singapore Pte. Ltd. lowered its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 64.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,384 shares of the transportation company's stock after selling 9,960 shares during the quarter. Arrowpoint Investment Partners Singapore Pte. Ltd.'s holdings in Ryanair were worth $228,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC lifted its stake in Ryanair by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company's stock valued at $41,000 after buying an additional 481 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Ryanair in the first quarter worth $48,000. CWM LLC lifted its position in shares of Ryanair by 39.8% in the first quarter. CWM LLC now owns 1,191 shares of the transportation company's stock worth $50,000 after purchasing an additional 339 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Ryanair by 13.2% in the first quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company's stock worth $97,000 after purchasing an additional 265 shares in the last quarter. Finally, State of Wyoming lifted its position in shares of Ryanair by 27.7% in the fourth quarter. State of Wyoming now owns 4,565 shares of the transportation company's stock worth $199,000 after purchasing an additional 990 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on RYAAY. Oddo Bhf raised shares of Ryanair from an "underperform" rating to an "outperform" rating in a research report on Wednesday, July 16th. Raymond James Financial reissued a "strong-buy" rating and issued a $76.00 price objective (up previously from $70.00) on shares of Ryanair in a research report on Wednesday, July 23rd. Wall Street Zen raised shares of Ryanair from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 26th. Royal Bank Of Canada reissued an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Finally, Citigroup reissued a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st. Six analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $111.50.
Check Out Our Latest Stock Report on Ryanair
Ryanair Stock Up 1.2%
RYAAY traded up $0.79 during trading on Friday, reaching $66.63. 1,410,260 shares of the stock were exchanged, compared to its average volume of 1,524,415. The stock has a market cap of $35.33 billion, a P/E ratio of 15.64, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36. Ryanair Holdings PLC has a twelve month low of $38.52 and a twelve month high of $67.18. The stock's 50 day moving average price is $59.65 and its two-hundred day moving average price is $51.88. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 0.66.
Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its earnings results on Monday, July 21st. The transportation company reported $1.74 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.25. The business had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $4.16 billion. Ryanair had a net margin of 14.42% and a return on equity of 27.91%. Equities analysts expect that Ryanair Holdings PLC will post 3.09 EPS for the current year.
Ryanair Increases Dividend
The company also recently announced a -- dividend, which will be paid on Thursday, September 25th. Investors of record on Friday, August 8th will be issued a dividend of $0.534 per share. The ex-dividend date is Friday, September 12th. This is a positive change from Ryanair's previous -- dividend of $0.47. This represents a yield of 120.0%. Ryanair's dividend payout ratio is presently 14.55%.
Ryanair Profile
(
Free Report)
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.
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